4 Analysts Have This to Say About Rover Group
Portfolio Pulse from Benzinga Insights
Rover Group (NASDAQ:ROVR) has been rated by 4 analysts in the last quarter, with 1 somewhat bullish and 3 indifferent ratings. The average price target is now $7.69, up 16.16% from the previous target of $6.62, but still implies a downside from the current price of $8.4. Analysts' ratings are a mix of predictions and beliefs about a company's performance and are updated quarterly.
November 20, 2023 | 6:00 pm
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Rover Group received 1 somewhat bullish and 3 indifferent ratings from analysts, with an average price target of $7.69, indicating a potential downside from the current price of $8.4.
The average price target provided by analysts suggests a downside potential for ROVR stock, which could lead to a negative short-term impact on its price. The increase in the target price from the previous average indicates some positive sentiment, but the current price is still above the target, which may lead to bearish investor behavior.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100